Miramar Resouces

Ground EM Survey Underway at Mount Vernon

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to advise that geophysical contractors have commenced a fixed loop electromagnetic (FLEM) survey at the Company’s 100%-owned Mount Vernon nickel, copper and platinum group element (Ni-Cu-PGE) Project, part of the Company’s district-scale Bangemall Project in the Gascoyne region of Western Australia.


  • Fixed loop EM survey at Mount Vernon to refine targets for future drill testing
  • Miramar has dominant land position in potential new Ni-Cu-PGE province
Miramar believes the Bangemall Project has significant potential for Ni-Cu-PGE mineralisation related to Kulkatharra Dolerite sills, which are part of the Warakurna Large Igneous Province and the same age as the large Nebo and Babel Ni-Cu deposits in the West Musgraves.

The Company previously flew a Versatile Time Domain Electromagnetic (VTEM) survey which identified multiple late-time EM anomalies where a dolerite sill intrudes into sulphidic sediments (Figure 1).

Subsequent reconnaissance rock chip sampling identified coarse-grained sulphides (pyrite) in outcropping fine grained chill margin of the dolerite and coarser-grained gabbro at several locations.

The FLEM survey will test several high priority VTEM anomalies to refine targets for future drill testing, including the “Vernon Gap” target where a strong late-time VTEM anomaly is seen beneath sulphides in outcropping gabbro and adjacent to significant Ni and Cu results in historic sampling (Figure 2).

Figure 1. Mount Vernon Project showing dolerite sills and late-time VTEM anomalies (Z channel 45).

Figure 2. “Vernon Gap” Target showing proposed FLEM survey lines in relation to VTEM anomaly, outcropping gabbro and historic rock chip samples.

Miramar’s Executive Chairman, Mr Allan Kelly, said the Bangemall Project had the potential for a style of Ni-Cu-PGE mineralisation not previously seen in WA, and most like the giant Norilsk deposits in Siberia.

“We believe the Bangemall has the potential to be an entirely new nickel province in which we have built a commanding land position, and we look forward to continuing to uncover the potential of this very large project,” he said.


Click here for the full ASX Release

This article includes content from Miramar Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

M2R:AU
The Conversation (0)

Lundin Mining Announces Updated Share Capital and Voting Rights

Lundin Mining logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: View PDF version

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Ero Copper Publishes 2023 Sustainability Report

Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce the publication of its 2023 Sustainability Report (the "Report"), titled Born in Brazil, Built for Tomorrow . This Report provides an update on the Company's strategy, practices, performance and management approach to key environmental, social and governance ("ESG") topics. The Report is available on the Sustainability section of Ero's website ( www.erocopper.com) .

"Our 2023 Sustainability Report showcases our commitment to responsibly producing the metals essential for global decarbonization," said David Strang, Ero's Chief Executive Officer. "With our operations rooted in Brazil, we benefit from access to electricity generated from approximately 85% renewable energy sources. This allows us to produce lower carbon- intensity copper that contributes to a cleaner, more sustainable future.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Rimfire Pacific Mining Limited

Rimfire Expands Scandium Exposure in Central NSW

Rimfire Pacific Mining (ASX: RIM, “Rimfire” or “the Company”) is pleased to advise that it has expanded its scandium exposure in central NSW following the execution of an Option to Purchase Agreement with Javelin Minerals Limited (JAV: ASX) for their Exploration Licence 8666 located approximately 50km north of Fifield (see figure 1). If Rimfire elects to exercise the Option to Purchase, then the exploration licence will become 100% owned by Rimfire and will add to Rimfire’s 100% owned project portfolio.

Keep reading...Show less
Brixton Metals (TSXV:BBB)

Brixton Metals Releases Additional High-Grade Gold Assays From its Exciting Trapper Gold Target on its Wholly Owned Thorn Project

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional 2024 drill results from the Trapper Gold Target at its wholly owned Thorn Project. The project is located in Northwest British Columbia, 90km east of Juneau, Alaska.

Highlights

Keep reading...Show less
Impact Minerals

September 2024 Quarterly Report

Impact Minerals Limited (ASX:IPT) is pleased to present its Quarterly Report.

Keep reading...Show less

Latest Press Releases

Related News

×